O5G CPI PROPERTY GROUP S.A.

EQS-News: CPI Property Group – Update on Cyprus Litigation

EQS-News: CPI PROPERTY GROUP / Key word(s): Legal Matter/Real Estate
CPI Property Group – Update on Cyprus Litigation

31.07.2024 / 18:17 CET/CEST
The issuer is solely responsible for the content of this announcement.

CPI Property Group
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254

Press Release – Corporate News

Luxembourg, 31 July 2024

CPI Property Group – Update on Cyprus Litigation

CPI PROPERTY GROUP (“CPIPG”) has prepared an update for our stakeholders about the litigation filed against CPIPG and other parties in Cyprus.

Earlier today, the District Court of Nicosia decided to maintain in effect provisional orders granted in December 2022. The judgment does not introduce any new orders and does not address or decide the merits of the underlying case. It pertains solely to the continuation of the December 2022 procedural measures until the final resolution of the case.

CPIPG firmly believes that the litigation is unjustified and unfounded and intends to vigorously challenge today’s decision through the appellate process. 

We will continue to keep our stakeholders updated on further developments.

For further information, please contact:

Investor Relations

Moritz Mayer
Manager, Capital Markets


For more on CPI Property Group, visit our website:
Follow us on X (CPIPG_SA) and LinkedIn


31.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com
Language: English
Company: CPI PROPERTY GROUP
40, rue de la Vallée
L-2661 Luxembourg
Luxemburg
Phone:
Fax:
E-mail:
Internet:
ISIN: LU0251710041
WKN: A0JL4D
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart
EQS News ID: 1958529

 
End of News EQS News Service

1958529  31.07.2024 CET/CEST

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EN
31/07/2024

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